The Great Passive Investing Bait-And-Switch
One problem with “passive investing” (which I have argued is actually an oxymoron) is the fact that it’s systematically buys high and sells low. This is simply a product of…
Read MoreGot Gold?
While everyone pays such close attention to every tick of the stock market and the cryptocurrencies, gold has been quietly flying under the radar. Not many have noticed that it’s…
Read MoreBy This Measure The Current Stock Market Bubble Is Far Bigger Than The Dotcom Bubble
My friend, Dr. John Hussman, recently pointed out that stocks have now achieved a valuation altitude that is extremely rare. Only during the week of March 24, 2000, the very…
Read MoreWhy You Should Wear Your Twitter Trolls Like A Badge Of Honor
There’s been a lot of noise recently regarding some very high profile people leaving twitter due to the trolling so prevalent on the platform. I’ve been on twitter for about…
Read MoreRising Interest Rates Could Present A Problem For Risk Assets
Exactly one year ago I wrote, “long bonds enter the blowoff stage” (and “a few more thoughts on the long bond blowoff“). Since then the 30-year treasury yield has risen…
Read MoreYes, Bitcoin Is A Bubble And It’s About To Burst
The popularity of trading Bitcoin has now reached the point where none other than the New York Times sees fit to declare cryptocurrencies, or more specifically initial coin offerings, “The…
Read MoreThe High Wire Act Of Being A Diehard Value Investor In The Age Of Central Bank Bubbles
A version of this post first appeared at The Felder Report Premium I have spend a lot of time here focused on macro risks. So much so that you might think it’s…
Read MoreThis Is What The Blowoff Stage Of A Stock Market Bubble Looks Like
We saw the “blowoff” top in bonds last summer (see this and this). This summer investors get to witness what the “blowoff” stage of a massive stock market bubble looks…
Read MoreThe Stars Are Starting To Align For Gold Bulls
I’ve been following gold pretty closely since I first proclaimed, ‘it’s time to get greedy in the gold market,’ when the precious metal fell below $1,100 a couple of years…
Read MoreHow A Funny Mentalist Learned To Avoid Annihilation
The following is a transcript of the speech I was supposed to give to the Puget Sound chapter of the Market Technician’s Association on December 15, 2016 (before I got snowed in)…
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